Barlow Ventures
Nonprofit profile at a glance
- EIN
- 822403049
- IRS 990 coverage
- 2018–2021
- Forms available
- Form 990 2021
- Location
- Los Angeles, CA, USA
- Phone
- 2132026881
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Home Health Care
Reported finances
- Revenue
- $516,832
- Expenses
- $866,020
- Assets
- $735,994
- Liabilities
- $1,491,709
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Amit Mohan (President & CEO)
Highest reported compensation
- Amit Mohan (President & CEO): $496,077 total reported compensation
- David Nelson MD (Medical Dir): $260,974 total reported compensation
- Ed Engesser (CFO): $247,286 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Barlow Ventures was established specifically to engage in non-acute hospital activities in "furtherance of the treatment and care of the sick, infirm, inflicted and aged, including the development, ownership and operation of post-acute and community based health care such as skilled nursing facilities, assisted living, home health, hospice and similar agencies; to furnish and supply related care, treatment, education, training, medical research, laboratory services and other services...". Currently, 100% of the time and resouces of Barlow Ventures are devoted to the activities of the Home Health Agency. This Home Health Agency provides services to home bound individuals residing in the greater Los Angeles area requiring skilled medical home services. Services include skilled nursing care as well as rehab services to discharged patients from Barlow Respiratory Hospital and other acute as well as skilled nursing facilities and other patients referred by physicians for servies.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 65
- Accountability: 81
- Sustainability: 17
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 80%; rating input score 80
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 18th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -67.6%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.85; rating input score 33; 33rd percentile among comparable filings
- Liabilities to assets ratio: 2.03; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 4%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 24.5% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 24.5% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 2.3% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 80% of spending went to programs
- Governance: 10 of 12 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $693K in reported program spending
- Leadership: top reported pay $496K · 13 people listed · 0 of 6 pay-setting controls reported
- Consistency: 18 of 18 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 4 filing years from 2018 to 2021
- Contacts: How to reach this organization
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 1/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.